The True Unemployment Rate May be 25%

July 27, 2025

How many people are out of work? What is the real unemployment rate? We don’t know. What we do know is that the true number is far higher than the unemployment rate at any given time. There are some measures that purport to give a better answer than the standard unemployment rate, such as the […]

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Pete Dolack has been an activist with several groups, most recently Trade Justice New York Metro. He writes the Systemic Disorder blog and is the author of the books What Do We Need Bosses For?: Toward Economic Democracy and It’s Not Over: Learning From the Socialist Experiment.

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Frantz Fanon, photo via Verso Books.

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